Title: Advice Needed on a New ICO Post by: Kenfong on September 10, 2017, 10:43:30 PM Hey ICO guru folks Quick question, I got access to Open Money's private pre-sale access - how do I approach this? They're only selling a small amount within 72 hours announced via email sometime this weekend - I want in, a friend is trying to get in as well. what should we look out for before signing up? I already checked out the team and vision, looks promising. Here's the link if you're curious: www.openmoney.digital Title: Re: Advice Needed on a New ICO Post by: jnow on September 10, 2017, 11:45:38 PM I see no code at all, just a whitepaper. Not sure about this one. Title: Re: Advice Needed on a New ICO Post by: triads on September 10, 2017, 11:52:29 PM I'd agree... not sure about this one. Can't even find the CEO on LinkedIn. Maybe they are just trying to stay under the radar, but it does make me wonder who they are.
Title: Re: Advice Needed on a New ICO Post by: stronghands4lyfe on September 10, 2017, 11:54:11 PM Honestly I am not sure myself as I try to limit the ICOs I participate in. Mainly to prevent scam and such but yeah I am not 100% sure on this. And when Im not 100% I dont go in, but
DYOR it could be worthwhile. Sorry I could not be more helpful, but in general Id say with the ICO craze right now try and find the best projects and limit participation a bit Title: Re: Advice Needed on a New ICO Post by: puremage111 on September 11, 2017, 12:03:28 AM Could not find the CEO on Linkedin
Site is not Secure Idea seems pretty common Private sale in huge discount I find this sketchy and shady, as they stated : "Email participation Only" Still, if you still wanted to invest, just go ahead. However, only invest 5~10% of your portfolio value, never invest everything even if they look real Title: Re: Advice Needed on a New ICO Post by: Kenfong on September 11, 2017, 01:18:57 AM My friend is experienced in ICOs says he found all their profiles on linkedIn, so I did see comments on their profiles from 2013, 4 years ago.
The site is SLL secured https://openmoney.digital I found a GitHub for them but than again my friend who's got a technical background says most ICOs don't have this but he did say their white paper is thorough from a technical perspective I've seen other participation closed private sales i.e civic and utrust for example, but I didn't get into utrust :( disappointed: but I like this deal for their product Title: Re: Advice Needed on a New ICO Post by: triads on September 11, 2017, 02:25:22 AM Who did their code audit? (Super important for security.)
Title: Re: Advice Needed on a New ICO Post by: gerrrr on September 11, 2017, 04:19:47 PM My friend is experienced in ICOs says he found all their profiles on linkedIn, so I did see comments on their profiles from 2013, 4 years ago. The site is SLL secured https://openmoney.digital I found a GitHub for them but than again my friend who's got a technical background says most ICOs don't have this but he did say their white paper is thorough from a technical perspective I've seen other participation closed private sales i.e civic and utrust for example, but I didn't get into utrust :( disappointed: but I like this deal for their product Sounds like you like this ICO. And if you trust your friend's assessment, then by all means add it to your portfolio. The feedback you are getting from the rest of us is just a little dose of caution. ICO Fever is in full swing right now and there's a lot of investment options out there. Given that we investors only have so much dry powder to use, a little caution is probably a good thing! Title: Re: Advice Needed on a New ICO Post by: rauls on September 11, 2017, 04:28:39 PM Hey ICO guru folks Quick question, I got access to Open Money's private pre-sale access - how do I approach this? They're only selling a small amount within 72 hours announced via email sometime this weekend - I want in, a friend is trying to get in as well. what should we look out for before signing up? I already checked out the team and vision, looks promising. Here's the link if you're curious: www.openmoney.digital Title: Re: Advice Needed on a New ICO Post by: MMysterious on September 11, 2017, 05:41:24 PM If you are sure about the ICO and you've made up your mind then by all means invest in this but just a word of advice from people here who have been joining a couple of ICO bounties, make sure the developers are legit because there are some who are just posting pictures of some random guys which had happened before and end up to be scam, although I'm not saying this ICO you are wanting to join is a scam but it is just a safety precaution. Check their project/program if investors would most likely invest in these, roadmaps and of course the whitepaper.
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